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A comment on Ask HN: Why is raising money from VCs worn as a badge of honour?. Parent comment

Re:Ask HN: Why is raising money from VCs worn as a badge of ... by zozbot234 on Tuesday April 05, 2022 @07:07PM (#30926311)
It's not obvious that VC funding helps your long term survival, though. It's a loan, and it has to be paid back at some time, often in ways that are detrimental in the longer term. "Hypergrowth" is mostly a myth anyway: slow and steady will win any race.
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Re:Ask HN: Why is raising money from VCs worn as a badge of ... by enigmatic02 on Tuesday April 05, 2022 @07:18PM (#30926410)
VC capital is useful assuming it's a winner-takes-all / capital-intensive market, but many markets are not, in which case optimizing for $ raised is actually a distraction

Example: Delicious was sold to bootstrapped competitor, Pinboard for only $35K. Pinboard is still around to this day

https://www.productlessons.xyz/article/pinboard-delicious-fa...

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Re:Ask HN: Why is raising money from VCs worn as a badge of ... by netsharc on Tuesday April 05, 2022 @07:19PM (#30926411)
Linus (Tech Tips) has a good video about why external investment is useful: https://www.youtube.com/watch?v=LSxbc1IN9Gg , but he's talking about a hardware company, which is probably different to a software one. Skip to around 5:00 to get to topic.
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